Euro confidence up

Euro confidence up

Aug 10, 2009

Results of the Sentix investor confidence survey released this morning show confidence in the eurozone has risen to -17 in August, an improvement on the -31.3 recorded last month.

This news comes alongside positive French industrial production figures and rising manufacturing and confidence levels in the UK. The US unemployment rate, which came in at 9.4% having fallen from last month, is the most positive indication yet that the world's largest economy could be poised on the verge of recovery.